OES Holdings Names Corey Zimmerman to Spearhead Move into Options and DerivativesOES Holdings Names Corey Zimmerman to Spearhead Move into Options and Derivatives: Financial News - Yahoo! Finance
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Names Corey Zimmerman
to Spearhead Move into Options and DerivativesWednesday March 22, 11:15 am ET PRINCETON, N.J.--(BUSINESS WIRE)--March 22, 2006--Order Execution Services Holdings, Inc. (OES), the parent company of Order Execution Services, LLC, and ABS Brokerage Services, LLC, both leading independent introducing and agency broker-dealers, today announced the appointment of former Botta Capital Management principal Corey Zimmerman as managing director, options and derivatives.
said, will be responsible for completing and executing the business plan for OES's
options products, and will initially lead the launch of the options connectivity and execution business offering assumed by OES
through alliances with a number of broker-dealers and exchanges.
"In Corey Zimmerman
, we have an experienced leader who can help assure our successful entrance into this marketplace.Corey's direct derivative trading expertise and comprehensive knowledge of the market structures and participants in the options industry are invaluable assets to bring to OES
at this juncture.
"Launching the options agency execution business assumed through various alliances is a high priority for OES
, as is focusing on developing other initiatives that will grow our options business," he
is counting on Corey's strong leadership to make substantial progress in both areas."At Botta Capital, an options trading firm formerly based in Chicago, Mr. Zimmerman was an options specialist on the floor of the Chicago Board Options Exchange (CBOE), interacting with customer order flow, working with institutional and retail investors, and monitoring execution quality.He also served on various CBOE committees, including Equity Floor Procedure, Stock Selection and Arbitration and Appeals.
is as progressive an organization as there is in the financial services today," Mr. Zimmerman
said."It has built a reputation for consistently driving positive, investor-friendly changes in the equities market, and is well positioned to make a similar impact on the options marketplace.I am excited to be joining such a forward-thinking company at a critical time in the evolution of OES
and the markets."Mr. Zimmerman holds a law degree from Loyola Law School in Los Angeles, and a B.A. from U.C.L.A.He
will be based in OES's
Chicago office (312-604-8640).